Donald Trump called to commute the sentence of Ross Ulbricht, the founder of the Silk Road online marketplace, in an attempt to position himself as a pro-cryptocurrency candidate to Libertarian voters. from Bloomberg Markets https://ift.tt/fxHCQda
India’s booming markets are at risk of a selloff should Prime Minister Narendra Modi’s party win a slimmer majority in the polls, which would endanger his plans for more extensive reforms. from Bloomberg Markets https://ift.tt/9WneEdv
Prime Minister Gabriel Attal unveiled a plan to cut French unemployment benefits in a bid to advance President Emmanuel Macron’s economic reforms. from Bloomberg Markets https://ift.tt/DLNs7Va
The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts. from Bloomberg Markets https://ift.tt/qdDCb6h
Returns on the riskiest portion of collateralized loan obligations are booming, reaching about 20% annualized on both sides of the Atlantic as loan performance improves, debt spreads tighten and payouts grow. from Bloomberg Markets https://ift.tt/TlpBLH1
Two suspects accused of starting a deadly forest fire in early February in Chile are facing trial Saturday, the country’s authorities said. from Bloomberg Markets https://ift.tt/QbL7axP
BP Southern Africa (Pty) Ltd. and Shell Downstream South Africa (Pty) Ltd. have reached an agreement to sell their respective 50% stakes in assets held by the nation’s largest refinery to state-owned Central Energy Fund SOC Ltd. from Bloomberg Markets https://ift.tt/i1Qujro
Bank of Japan Governor Kazuo Ueda indicated that he has no major problem with long-term bond yields rising to the highest level since 2012, saying they should be guided by markets. from Bloomberg Markets https://ift.tt/89rbw4I
China’s engagement in the global system of commerce was roundly criticized by Group of Seven finance chiefs in a show of unity accompanied by a threat of further escalation. from Bloomberg Markets https://ift.tt/FxGWrOy
The aluminum market is caught in a clash between some of the biggest traders and banks, with more than $1 billion of metal changing hands while lengthy queues form at London Metal Exchange warehouses. from Bloomberg Markets https://ift.tt/2nKh16L